Hotel News
BITAC® Events!
Purchasing & Design East Jul. 15, 2018 More Info 4 Supplier Spots Left
Building Your Hospitality Business
  Are you a member? Log In  or  Sign Up
Senior Living News
Send a summary and link to this article
To Email
Your Name
Your Email
Bot Test
To pass the Bot Test, please type the white text that you see in the gray box. This helps us prevent spammers from abusing the system.
Print Printable Version

Marshall Adds Two Management Deals

Marshall Hotels & Resorts has added two management contracts as well as a pair of receiverships.

Monday, August 20, 2012
bookmark this
Bookmark to: Digg Bookmark to: Del.icio.us Bookmark to: Facebook
Bookmark to: Yahoo Bookmark to: Google Bookmark to: Twitter
We are on Twitter
Marshall Hotels & Resorts, Inc.
Marshall Hotels & Resorts, Inc.
Hospitality Management Company

Officials at Marshall Hotels & Resorts, Inc., a leading hotel management and services company that operates properties nationwide and in the Caribbean, today announced that it has added two management contracts and two receiverships to its growing portfolio. The managed hotels include the newly opened 113-room Hampton Inn and Suites in the resort town of Ocean City, Md., and the 122-room Country Inns and Suites at the Louisville, Ky. airport. The two receivership properties, also managed by Marshall, are independent hotels located in Branson, Mo.

“There is significant activity by owners seeking new management companies and from lenders who are accelerating the number of properties they are taking back,” said Mike Marshall, president and CEO. “Of note, we see a sharp increase in interest from developers who have been largely on the sidelines the past four years. Although financing for new construction still remains difficult to obtain, deals are starting to get underwritten, and we expect to see a steady increase in this area due to our extensive expertise in both supervising construction and our track record in pre-opening and rapidly ramping up our hotels.

“We were quite active in pre-opening actives for The Hampton Inn and Suites in Ocean City, which opened earlier this month,” he said. “The property is on the bay and offers both an indoor and outdoor swimming pool. We expect this property to perform well. Our managed resort portfolio is enjoying its strongest summer in four years, a trend we see continuing.”

Marshall said the Louisville property will convert to the Four Points by Sheraton brand this fall, following an extensive renovation program that includes installing a full-service restaurant and bar. The management company is developing the restaurant concept, name and menu.

The two Branson properties are in the limited-serviced segment and comprise 330 and 440 rooms respectively. “We have already conducted extensive training and have significantly improved operations and guest satisfaction at both hotels,” he noted. “Working with the lender, we are reviewing suitable brand options for the hotels. We have strong relationships with all the major franchise brand families and currently are in negotiations.”

About Marshall Hotels & Resorts, Inc.
Salisbury, Md.-based Marshall Hotels & Resorts, Inc. has special expertise in operating three- and four-star branded hotels and resorts, averaging 100 to 500 rooms, in urban and central business districts, as well as suburban/drive-to and resort locations. In addition, the company has a proven track record managing independent resort and unique urban properties. The company has managed a wide array of leading hotel brands, including those under the Hilton, Starwood, InterContinental Hotel Group, Hyatt, Choice and Wyndham flags. Additional information about Marshall Management may be found at the company's Web site: www.marshallhotels.com.
Feedback Messaging & Feedback
We welcome your opinion! Log In to send feedback.
Already a member?
Log In
Not yet registered?
Sign Up
Need More Information?
  RSS Feed
RSS Feed
Contact Us
Mobile Version